> stating no reasons whatsoever

It does under reason for reduction, quoting: At the same time, the market in which we operate has undergone profound change over the last 6 months.

> giving reasons why there's no need... Patreon’s core business is healthy and strong

Actually that's the reason. It says Patreon's core business is strong i.e. everything else isn't? You don't state the obvious unless there's a gotcha.